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CVRD Iron Ore Price Hikes Point to Strong Commodities & Steel Fundamentals

Posted March 20th, 2008 by jeffreylindotnet
 
Read the full article: http://flyboysfund.jeffreylin.net/2008/03/20/cvrd-iron-ore-p...
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Commodities across the board- hard, soft, and tender- have all been obliterated in just a day and a half as rumors go around that hedge funds who were leveraged up trading commodities have to unwind that leverage, causing a run on commodity profits like a run on Bear Stearns last week. Others are pointing to the strong (i.e.

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rio
Stock Symbol: RIO Companhia Vale Do Stock Price: $10.46 Todays Change: -1.48 (-12.40%)

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